CarbonCapture Inc. has announced that it will be providing Microsoft Corp. (Nasdaq: MSFT) with engineered carbon removal credits from its Project Bison direct air capture facility.
“We’re thrilled to help Microsoft move toward its commitment to be carbon negative by 2030 and to remove all of its historic CO2 emissions by 2050,” said Adrian Corless, CEO and CTO, CarbonCapture, Inc. “Validation of CarbonCapture’s scalable approach to DAC from a forward-thinking company like Microsoft is an important signal to the entire market, demonstrating the value of high-quality carbon removal credits.”
Based in Wyoming, Project Bison is scheduled to be the largest operational direct air capture. It’s target for 2030 is to be able to capture and store five million tons of CO2 annually.
It’s also expected to be the first large-scale project to make use of Class VI injection wells, that are a critical piece of the carbon removal puzzle.
This exact type of well has been under scrutiny lately, with the EPA not granting permits at the speed carbon removal and carbon capture projects would like.
Relevant: CarbonCapture Inc Launches 5 Million Ton/Year Direct Air Capture Project
“Purchasing DAC carbon removal credits is an important part of Microsoft’s pursuit of permanent, durable carbon removal,” said Phillip Goodman, director, Carbon Removal Portfolio, Microsoft. “This agreement with CarbonCapture helps us move toward our carbon negative goal, while also helping to catalyze the growth of the direct air capture industry as a whole.”
Microsoft announced another purchase of carbon removal credits last week. The tech giant made an advance purchase from ocean carbon removal company Running Tide.
These and other initiatives of Microsoft are acting as important boosters for the nascent carbon removal industry, with several different technologies ready to be scaled.
Credits from CarbonCapture Inc are now available to all buyers and if you are interested in making a purchase you can contact their team at email@example.com.
Read more: Running Tide To Provide Ocean-based Carbon Removal For Microsoft